What is the impact of inflation?
Food prices have risen since 2007. This has impacted significantly in the last 12 months (2022/3).
The member needs to consider the future costs of everyday items such as:
Beer per pint
1993 - £2.04
2003 - £2.18
2013 - £3.00
2015 - £3.31
2020 - £3.68
2023 - £4.36
Petrol per litre
1993 - £0.46
2003 - £0.77
2013 - £1.36
2015 - £1.14
2020 - £1.27
2023 - £1.56
Average loaf of bread
1993 - £0.40
2003 - £0.53
2013 - £1.30
2015 - £1.35
2020 - £1.05
2023 - £1.51
Milk per pint
1993 - £0.34
2003 - £0.37
2013 - £0.46
2015 - £0.46
2020 - £0.43
2023 - £0.68
